Bill Status of SB 3179   103rd General Assembly

Short Description:  INS CD-PHARMA BENEFIT MANAGER

Senate Sponsors
Sen. Napoleon Harris, III

Last Action  View All Actions

DateChamber Action
  2/6/2024SenateReferred to Assignments

Statutes Amended In Order of Appearance
215 ILCS 5/513b1.5 new

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that all compensation remitted by or on behalf of a pharmaceutical manufacturer, pharmaceutical developer, or pharmaceutical labeler, directly or indirectly, to a health insurer or to a pharmacy benefit manager under contract with a health insurer that is related to the health insurer's prescription drug benefits must be either remitted directly to the covered person at the point of sale to reduce the out-of-pocket cost to the covered person associated with a particular prescription drug or remitted to and retained by the health insurer. Requires a health insurer to file with the Department of Insurance a report demonstrating the health insurer's compliance with the provisions.

Actions 
DateChamber Action
  2/6/2024SenateFiled with Secretary by Sen. Napoleon Harris, III
  2/6/2024SenateFirst Reading
  2/6/2024SenateReferred to Assignments

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